In one of the cases in the textbook, Joe Anderson, a part-time shoe salesperson at a department store, perpetrated a fictitious returns scheme using third-party credit cards. What happened as the result of the investigation?
A) Anderson was terminated and promised to pay back all the fraudulent proceeds.
B) The department store recovered most of its losses through its bonding company.
C) Local and federal charges for embezzlement and financial transaction card fraud were brought against Anderson and 27 co-conspirators.
D) All of the above

Question

Quizplus · Accepted Answer

Local and federal charges for embezzlement and financial transaction card fraud were brought against Anderson and 27 co-conspirators. While Anderson was terminated from his job and promised to pay back the fraudulent proceeds, the department store did not recover most of its losses through its bonding company. Therefore, D is incorrect.

In One of the Cases in the Textbook, Joe Anderson